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Analysts Are Bullish on These Industrial Goods Stocks: Bowman Consulting Group (BWMN), The Middleby (MIDD)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Bowman Consulting Group (BWMNResearch Report) and The Middleby (MIDDResearch Report) with bullish sentiments.

Bowman Consulting Group (BWMN)

D.A. Davidson analyst Brent Thielman maintained a Buy rating on Bowman Consulting Group today and set a price target of $36.00. The company’s shares closed last Tuesday at $29.31.

According to TipRanks.com, Thielman is a 5-star analyst with an average return of 12.1% and a 55.6% success rate. Thielman covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Concrete Pumping Holdings, and Knife River Corporation.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bowman Consulting Group with a $36.00 average price target, implying a 20.0% upside from current levels. In a report released yesterday, Craig-Hallum also assigned a Buy rating to the stock.

See Insiders’ Hot Stocks on TipRanks >>

The Middleby (MIDD)

The company’s shares closed last Tuesday at $114.46, close to its 52-week low of $109.59.

According to TipRanks.com, Dobre is a 5-star analyst with an average return of 11.3% and a 49.7% success rate. Dobre covers the Industrial Goods sector, focusing on stocks such as Mayville Engineering Company, Lincoln Electric Holdings, and John Bean Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for The Middleby with a $158.67 average price target, which is a 37.9% upside from current levels. In a report issued on November 5, Citi also maintained a Buy rating on the stock with a $155.00 price target.

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